New Lease Accounting Standards are Here
But It’s Not All Bad News – We Can Help You Save Millions While Becoming Compliant
The new lease accounting standards (FASB ASC 842 and IFRS 16) are here. In the next few years, companies will need to get much more sophisticated systems and controls in place for all of the real estate and equipment leases. But if you think this is another “Sarbanes-Oxley-like” compliance exercise that is going to suck up costs and provide no benefits – you are wrong. There is a big opportunity for ROI as well.